Properties

San Diego, CA 92102 904 24th Street

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Presented By: Ben Sierpina with Marcus & Millichap;
  • MLS# 250038988SD
  • 09/15/2025
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Home Details

Pleased to present 904-14 24th Street, an exceptional 8-unit apartment complex in the Western Slopes of San Diegoโ€™s vibrant Golden Hill neighborhood. Built in 1910, this historic property offers timeless charm and substantial value-add potential, with a coveted Walk Score of 89 reflecting its pedestrian friendly location. Spanning two parcels totaling 7,609 square feet and featuring approximately 5,760 rentable square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU further increasing density and rental income. Ideally situated less than a block from Broadway, residents enjoy seamless access to Golden Hillโ€™s eclectic dining, shopping, and cultural scene, with Balboa Park and major freeways (I-5 and SR-94) just moments away. This rare offering represents a prime opportunity to acquire a stabilized, income-producing asset with significant rental growth in one of San Diegoโ€™s most sought-after submarkets.
Presented By: Ben Sierpina with Marcus & Millichap;

Interior Features for 904 24th Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NNo

General for 904 24th Street

Cap Rate4.5
CitySan Diego
CountySan Diego
HOA Fee$
MLS Area92102 - San Diego
Net Operating Income119300
Number Of Units Total8
Operating Expense72353
PostalCitySAN DIEGO
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusPending
StatusPending
Virtual TourClick here

Exterior for 904 24th Street

Number of Buildings3
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,650,000
MLS#250038988SD
List Date 09/15/2025
Property Type Commercial
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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